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Star Hedge Fund Manager On 9-Year Hot Streak Reaps Massive Profits On Trump Bets: Report

Star Hedge Fund Manager On 9-Year Hot Streak Reaps Massive Profits On Trump Bets: Report

Daily HodlDaily Hodl2025/04/11 16:00
By:by Alex Richardson

British-American investment management firm BlueCrest Capital is reportedly sitting on massive gains after its owner – billionaire Michael Platt – took a bet on the new White House administration.

Citing “people with knowledge on the matter” who asked not to be identified, Bloomberg reports that BlueCrest is up 20% on the year already, while taking into account fees and expenses.

Platt reportedly used aggressive amounts of leverage to exploit the extreme volatility triggered by President Trump’s trade war, with BlueCrest now on track to complete a decade of consecutive returns.

BlueCrest returned capital to outside investors, turning the firm into a privately owned and managed family office, so its exact assets under management (AUM) is unclear – though court documents show that BlueCrest held $3.9 billion in 2022.

According to Forbes , Michael Platt is Britain’s richest hedge fund manager, worth about $18.8 billion as of December 2024, and currently stands with only a select few who have managed to profit in 2025 despite the global market sell-off induced by President Trump.

Billionaire Warren Buffett also recorded billions of dollars in gains this year, upping his net worth over $11.5 billion this year alone, and his gains come despite this month’s sell off, which reduced Buffett’s 2025 winnings by $14.5 billion.

Buffett, who is now ranked fourth among global billionaires, is one of only two in the top 20 that grew richer this year.

He’s alongside L’Oreal heiress Francoise Bettencourt Meyers, who has added $1.8 billion.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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